Togo (TGO) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

About

Togo-North Macedonia Trade: In 2023, Togo exported $53.5k to North Macedonia. The main products that Togo exported to North Macedonia were Iron Fasteners ($53.5k). Over the past 8 years the exports of Togo to North Macedonia have decreased at an annualized rate of 0.37%, from $55.1k in 2015 to $53.5k in 2023.

In 2023, Togo did not export any services to North Macedonia.

North Macedonia-Togo In N/A, North Macedonia did not export any products to Togo.

In 2023, North Macedonia did not export any services to Togo.

Comparison In 2023, Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Togo exported $53.5k to North Macedonia. The main products exported from Togo to North Macedonia were Iron Fasteners ($53.5k). During the last 8 years the exports of Togo to North Macedonia have decreased at an annualized rate of 0.37%, from $55.1k in 2015 to $53.5k in 2023.

North Macedonia does not register exports to Togo.

Exports from Togo () to North Macedonia () (2023)

Exports from North Macedonia () to Togo () (2023)

Latest Data

Trade between Togo () and North Macedonia ()

North Macedonia Exports

Date

Oct 2012

Dec 2011

Nov 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Togo
Top DestinationUnited Arab Emirates$2.65B

North Macedonia
Top DestinationGermany$4B

This map shows whether countries import more from Togo or North Macedonia. Each country is colored based on the difference in imports they receive from Togo and North Macedonia or the difference in the growth in imports.

In 2023, countries that imported more from Togo than North Macedonia included United Arab Emirates ($2.65B), Angola ($856M), and India ($859M).

In 2023, countries that imported more from North Macedonia than Togo included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

Difference in imports from North Macedonia () and Togo () (2023)

Comparative Advantage Togo - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Togo and North Macedonia by product, considering products traded by both, Togo and North Macedonia.

During 2023, Togo had a large net trade with North Macedonia in the exports of Metals ($53.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Togo North Macedonia+$50.4kOther Oily Seeds

Top Product Potential North Macedonia Togo+$3.23kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Togo and North Macedonia. This means that a dot/product with the flag of Togo indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Togo.

About

Historical Data

Bilateral Trade by Products

Exports from Togo () to North Macedonia () (2023)

Exports from North Macedonia () to Togo () (2023)

Latest Data

Trade between Togo () and North Macedonia ()

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Togo () (2023)

Comparative Advantage Togo - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Togo () and North Macedonia () (2023)

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